Mastercard Advances Its Leadership Position as a Multi-Rail Payments Company With the Acquisition of Nets' Account-to-Account Payment Business
August 06, 2019
August 06, 2019
PURCHASE, New York, Aug. 6 -- Mastercard issued the following news release:
Mastercard (NYSE: MA) today announced it has entered into an agreement to acquire the majority of the Corporate Services businesses of Nets, a leading European PayTech company, for Euros2.85 billion (approximately US$3.19 billion).
The acquisition comprises the clearing and instant payment services, and e-billing solutions of Nets' Corporate Services business. The addition of Nets technology and . . .
Mastercard (NYSE: MA) today announced it has entered into an agreement to acquire the majority of the Corporate Services businesses of Nets, a leading European PayTech company, for Euros2.85 billion (approximately US$3.19 billion).
The acquisition comprises the clearing and instant payment services, and e-billing solutions of Nets' Corporate Services business. The addition of Nets technology and . . .